7247 W Cascade DrBoiseID83704
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Boise at 7247 W Cascade Dr, Boise, ID, 83704 uses $130,909 cash to close to unlock $2,545/yr annual cash flow and $212/mo monthly cash flow. Total monthly income runs $2,484/mo, and a $1,933/mo payment keeps the spread at $212/mo. Purchase price stands at $394,900, and rental yield measures 7.55% with $2,484/mo rent. Return on cash invested shows 21.85% in year one, and 5% annual appreciation builds toward $109,104 over five years. Five-year ROI reaches 112.72% and total cumulative return in cash records $147,563. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,484/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Townhouse
Built in 1970
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83704, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,240 (100%) |
| Owner Occupied HU | 10,751 (58.9%) |
| Renter Occupied HU | 6,951 (38.1%) |
| Vacant Housing Units | 538 ( 2.9%) |
| Median Home Value | $458,695 |
| Average Home Value | $490,450 |
Housing Distribution
Address Breakdown
Residential
17,527
Single Family
16,389
Multi-Family
1,138
Businesses
1,556
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